Industrials

Procter & Gamble revealed a 6.9% decline in fiscal first-quarter profits amid the slowing global economy, but the maker of Duracell batteries and Bounty paper towels managed to exceed Wall Street’s expectations.

The largest U.S. weapons manufacturer saw its third-quarter earnings jump 11%, handily topping expectations, and raised its full-year outlook.

United Technologies cut its sales forecast for the year, citing weak demand from airlines and an uncertain economy.

The diversified manufacturer reported a 6.7% rise in profit, but cut its fiscal 2012 profit outlook and missed sales expectations.

The diversified manufacturer reported a 6.7% rise in profit, but cut its fiscal 2012 profit outlook and missed sales expectations.

DuPont highlighted Wall Street’s economic fears by disclosing a deeper-than-expected 98% plunge in third-quarter earnings, a tepid profit outlook for 2012 and plans to axe 1,500 jobs.

DuPont highlighted Wall Street’s economic fears by disclosing a deeper-than-expected 98% plunge in third-quarter earnings, a tepid profit outlook for 2012 and plans to axe 1,500 jobs.

General Electric revealed an in-line 8% rise in third-quarter profits, but the blue-chip conglomerate’s anemic sales growth disappointed Wall Street.

Stronger aerospace sales helped to improve margins for the industrial company to help offset a drop in transportation systems sales and weaknesses in Europe. 

A day after its mega-merger talks with EADS fell through, BAE Systems promised to hold meetings to discuss its strategy with investors.

Fastenal logged an in-line 13% bump in third-quarter profits as the industrial hardware supply stores operator generated double-digit sales growth despite the tough economy.

Defense heavyweight Lockheed Martin announced plans to reorganize its electronic-systems business into two new divisions.

FedEx's second-quarter profit climbed 14% amid stronger ground-shipping revenue, although its bottom line missed Wall Street estimates.

Honeywell issued a tepid outlook for its 2014 profit and revenue, as the diversified manufacturer expects the economic environment next year to be similar to 2013’s climate.

Anadarko Petroleum is liable for more than $5.2 billion in a lawsuit connected to the oil producer’s 2006 acquisition of Kerr-McGee.

Dow Chemical is weighing strategic options for its commodity chemicals businesses, as the company forges ahead with plans to shed $3 billion to $4 billion worth of assets.

DuPont reached a $543 million deal to sell its glass laminating and vinyls unit to chemicals company Kuraray.

Lockheed Martin said it plans on slicing 4,000 jobs, or 3% of its workforce, to deal with declines in U.S. spending. 

Tyco swung to a profit in the fourth quarter, a year after the industrial conglomerate's results were impacted by the extinguishment of debt.

The deal gives Mosaic control of four Florida phosphate facilities that produce about 1.8 million tons of the fertilizer a year.